Will States Owning a Piece of Petronas Offset Royalties?

11-Dec-19 07:15

Will States Owning a Piece of Petronas Offset Royalties?

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00:05 - Prime Minister Tun Mahathir Mohd told Reuters that Malaysia is considering selling stakes in Petronas to states where the company’s oil and gas fields are. This move may also give states such as Sarawak and Sabah a say in the running of Petronas, the world’s third-largest exporter of liquefied natural gas, but will it offset the oil royalty payments?

05:00 - We also get into a report by a coalition of international NGOs released today, implicating several Malaysian banks in financing palm oil companies that pose a fire-risk

Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan

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Categories: Investments

Tags: Petronas, oil and gas, Sarawak, Sabah, LNG, NGO, Malaysian banks, palm oil,

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